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Disclaimer.
This presentation contains forward-looking statements that reflect the current views of Deutsche Telekom management with respect to future events. They include statements as to market potential and the planned T-Online merger, and the “Outlook 2006” statements at the end of this presentation. Forward-looking statements are based on current plans, estimates and
- projections. You should consider them with caution. Such statements are subject to risks and uncertainties, most of which are
difficult to predict and are generally beyond Deutsche Telekom’s control, including those described in the sections “Forward- Looking Statements” and “Risk Factors” of the company’s Form 20-F report filed with the U.S. Securities and Exchange
- Commission. Among the relevant factors are the progress of Deutsche Telekom’s workforce reduction initiative and the impact of
- ther significant strategic or business initiatives, including acquisitions, dispositions and business combinations. In addition,
stronger than expected competition, technological change, litigation and regulatory developments, among other factors, may have a material adverse effect on costs and revenue development. If these or other risks and uncertainties materialize, or if the assumptions underlying any of these statements prove incorrect, Deutsche Telekom’s actual results may be materially different from those expressed or implied by such statements. Deutsche Telekom can offer no assurance that its estimates or targets will be achieved. Deutsche Telekom does not assume any obligation to update forward-looking statements to take new information or future events into account or otherwise. In addition to figures prepared in accordance with IAS/IFRS, Deutsche Telekom presents so-called non-GAAP financial performance measures, e.g., EBITDA, EBITDA margin, adjusted EBITDA, adjusted EBITDA margin, adjusted EBT, adjusted net income, special influences, free cash flow, free cash flow (before purchase of network assets and spectrum in the US), leverage, net debt, net debt/adj. EBITDA. These non-GAAP measures should be considered in addition to, but not as a substitute for, the information prepared in accordance with IAS/IFRS. Non-GAAP financial performance measures are not subject to IAS/IFRS or any other generally accepted accounting principles. Other companies may define these terms in different ways. For an explanation of some of these terms, please refer to “Reconciliation to pro-forma figures” under the “Publications” heading on Deutsche Telekom’s Investor Relations webpage at www.deutschetelekom.com